Health Care Benefit Costs for Retired Public Employees
Author: Susan K. Claveria
Publisher:
Published: 1987
Total Pages: 72
ISBN-13:
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Author: Susan K. Claveria
Publisher:
Published: 1987
Total Pages: 72
ISBN-13:
DOWNLOAD EBOOKAuthor: Robert L. Clark
Publisher: Edward Elgar Publishing
Published: 2010-01-01
Total Pages: 191
ISBN-13: 1849808139
DOWNLOAD EBOOKWhile retiree health plans are a dying benefit in the private sector, all US states and many local governments extend health insurance coverage to their retired employees. This book is the first to thoroughly examine public sector health insurance plans. Retiree Health Plans in the Public Sector provides a detailed description of the current plans offered and compares how they vary across states. Health insurance is an important component of compensation in the public sector as it helps governments attract and retain quality workers and encourages timely retirement for career employees. Rapidly rising medical costs, an aging labor force, and an increasing number of retirees have dramatically increased the cost of providing this benefit. A central theme of this analysis is a presentation of the actuarial accrued liabilities, the unfunded liabilities and the annual required contribution of the employers based on the actuarial statements for retiree health plans. The authors alsoinvestigate why some states face major funding problems while the costs of other states? plans are much more manageable. Extensively researched and well-suited for classroom and professional use alike, academics in the fields of economics and public policy will find this an unmatched resource. So too will policymakers, economists, legislators, public sector union leaders and those invested in public sector healthcare.
Author: California. Public Employees' Retirement System. Board of Administration
Publisher:
Published: 1985
Total Pages:
ISBN-13:
DOWNLOAD EBOOKAuthor: Milliman & Robertson
Publisher:
Published: 1961
Total Pages: 20
ISBN-13:
DOWNLOAD EBOOKAuthor: Edmund J. McMahon
Publisher:
Published: 2010
Total Pages:
ISBN-13:
DOWNLOAD EBOOK"New York taxpayers spend billions of dollars a year on health insurance coverage for retired state and local government employees, many of whom are too young to be eligible for Medicare. But the mounting "pay-as-you-go" bill for retiree healthcare is just the tip of a much larger iceberg. Now, thanks to a new government accounting standard, the true cost of this long-term entitlement is finally emerging from the murky depths of state and local finances. Based on a review of financial reports for the state and its largest local governments, school districts and public authorities, this report estimates that New York's total unfunded liability for public-sector retiree health insurance comes to $205 billion. This figure represents a mammoth potential transfer of wealth from future taxpayers to current government employees and retirees--for a type of benefit that is not available to the vast majority of private-sector workers. The burden of retiree health care is clearly unsustainable and unaffordable. This report, designed as a primer on the issue for taxpayers and government officials, recommends a four-step plan for curbing retiree health care costs before it is too late."
Author: United States. Social Security Administration. Office of Research and Statistics
Publisher:
Published: 1970
Total Pages: 84
ISBN-13:
DOWNLOAD EBOOKAuthor: California. Public Employees' Retirement System. Health Benefits Division
Publisher:
Published: 1979
Total Pages:
ISBN-13:
DOWNLOAD EBOOKAuthor: Judith F. Mazo
Publisher: University of Pennsylvania Press
Published: 1994
Total Pages: 288
ISBN-13:
DOWNLOAD EBOOKThis volume, from the Pension Research Council of the Wharton School, highlights many of the special health insurance problems facing the elderly and some of the solutions that any reform process must consider.
Author: California. Public Employee Post-Employment Benefits Commission
Publisher:
Published: 2008
Total Pages: 342
ISBN-13:
DOWNLOAD EBOOKAuthor: Madelon Lubin Finkel
Publisher:
Published: 1991
Total Pages: 152
ISBN-13:
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